HMRC Admin 20 Response

Hi hoayun,

Community Forum advisers are unable to comment on tax scenarios, but based on the figures and background information you have provided, your
understanding of how bank interest is taxed is correct.
Tax on savings interest

Thank you.

 

Hi Jake Jones,

The time limit for claiming capital losses is 4 years after the end of the tax year in which you disposed of the asset.
For full details of how to calculate and claim capital losses, please refer to the following guidance:  
Capital Gains Tax: what you pay it on, rates and allowances               
CG15800 - Losses: allowable losses

Thank you.

Hi Lookforthepositive Tubb,

You cannot deduct the cost of paying rent on the property you live in against the rental income from the let property as this is not wholly and exclusively for business purposes.
See: PIM2100 - Deductions: main types of expense: expenses for own home    

Thank you.

Hi Sunil Lad,

Income from jointly owned property should be reported in your tax return on the basis of each individuals share of the income, say 50/50
so yes you will need to split the income and report this separately.

Thank you.

 

Hi massi,

You need to complete SA105 page as Italy is in the EEA.
The SA105 notes tell you what to do regards the tax already paid in italy
hUK property notes Tax year 6 April 2022 to 5 April 2023 (2022–23)

Thank you.

Hi laura McMahon,

No you can change payroll provider you just need to follow their process for moving the information for your current system onto the new one.

Thank you.

Hi annabpayrollstaff,

We would need more information to investigate can you please call us on 0300 200 3200.

Thank you.


 

Hi Buyogon,

We have not been aware of any ongoing issues. Please try again.

Thank you.
 

Hi george lane,

No return is required if it is only to claim relief on your pension. 
If this is the only reason for a return, it is not required. if your contribution was less than £10,000 you can contact us Income Tax: general enquiries.
to have the amendment done for you.
If over £10,000 you will need ot provide evidence.

Thank you.
 

Hi Mnj_31,

I would advise contacting the Customs and International trade helpline on 0300 322 9434 if you have any other issues with your query.

Thank you.